Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Exeter 14.20 Flemish Invader 2.96 90.09 176.58 Unplaced. Target Hit! :) Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Towcester 14.30 Anglicisme 2.18 83.33 98.33 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Towcester 14.30 Anglicisme 2.18 83.33 98.33 Won so loss of 98.33. Target is to recoup this with max liability of 100.42 on the next lay. Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Exeter 14.50 Devito 3.00 50.21 100.42 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Exeter 14.50 Devito 3.00 50.21 100.42 Delay at Exeter so traded out (for £1 profit!) and will move on. Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Delay at Exeter so traded out (for £1 profit!) and will move on. Hmmm, lady luck smiles on me for once as that came 3rd. :tongue2 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Nottingham 15.10 Gitano Hernando 2.96 51.23 100.36 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Nottingham 15.10 Gitano Hernando 2.96 51.23 100.36 Unplaced to give net of 48.87. Target is to recoup 49.46 with max liability of 150.18 on the next lay. Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Towcester 15.30 Lucky Luk 2.66 51.84 86.05 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Towcester 15.30 Lucky Luk 2.66 51.84 86.05 Won. target 135.51 max 182.25 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Nottingham 15.40 Great Tsar 3.25 77.55 174.49 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Nottingham 15.40 Great Tsar 3.25 77.55 174.49 4th :wall so loss of 174.49. Target is to recoup as much of 310.00 with max liability of 190.00 on the final lay of this set. Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Nottingham 16.10 Eqbaal 1.34 324.94 110.48 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Nottingham 16.10 Eqbaal 1.34 324.94 110.48 3rd :wall Loss on the set of 420.00. I can't keep this up, that's all but £100 of my profit gone. Quote Link to comment Share on other sites More sharing options...
TheLayKing Posted October 8, 2008 Share Posted October 8, 2008 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Hello Hodgey, I thought i would share my thoughts with you on this as i dont want to see a fellow punter lose all his money. 1.) In my opinion this will not work long term at all, the odds are against you purely based on the selections that you are taking.Mathmatically you stand to hit more winner's than you will losers. 2.) The odds you are taking you could get most of these (or slightly higher) in play, but by using the WIN market instead. Your odds of a winner would then be greatly reduced and you would still make the similar amounts as you are making now. These are just my own personal thought's mate. :ok Thanks for your thoughts mate. Re 1) Mathmatically you stand to hit more winner's than you will losers. please could you expand on that? I'd be interested to know your reasoning behind it. Re 2) There's no way that the in-play win price goes as short as the pre-race place price in all those races. I started off laying to win originally and it was a bit of a nightmare. But looking back over the last 5 months it would show a profit of roughly the same as laying them all to place to fixed profits too. So both seem profitable in the long term (I know 5 months isn't that long, but you get the idea). Quote Link to comment Share on other sites More sharing options...
TheLayKing Posted October 8, 2008 Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition . Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition I started off laying to win originally and it was a bit of a nightmare. But looking back over the last 5 months it would show a profit of roughly the same as laying them all to place to fixed profits too. So both seem profitable in the long term (I know 5 months isn't that long, but you get the idea). Just to expand on this a bit further, here's the graph of profits since 29th April to today laying to win fixed amounts of 15.00 in the win market or 15.00 in the place market. Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 8, 2008 Author Share Posted October 8, 2008 Re: Livin' on the Edge - Place Edition Just to expand on this a bit further' date=' here's the graph of profits since 29th April to today laying to win fixed amounts of 15.00 in the win market or 15.00 in the place market.[/quote'] And obviously the liability would be lower in the place market so if I had laid to fixed profits of 50.00 (to give similar liabilities) then it would look like this. Quote Link to comment Share on other sites More sharing options...
Hodgey Posted October 9, 2008 Author Share Posted October 9, 2008 Re: Livin' on the Edge - Place Edition Right then I'm taking this offline for a while whilst I go through all my past results. I still did it today, although only paper trailed it. It would have been 5 breakeven sets or £70odd profit to fixed profit staking. It's so dull paper trading compared to actually backing it with real cash. But I think it's for the best for the time being. I hope to come back with a new improved version in a month or so. :ok Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.